hitting the bid vs. selling at the ask.......i know its always a great read when i see someone posting 'always sell at the ask'....i'll make this short and sweet: you will want to sell at the ask IF you can......obviously, if you can, you'll make more money if you sell at the ask on an uptrending stock........however, the other side of that is this: if a stock is falling apart and/or you WANT to GET OUT......you may have to HIT THE BID.......and if you WANT to get out, you BETTER hit the bid and clear it or you will be a STUCKHOLDER!......btw, this is not open for discussion!!!!!!!!!
anyone that tells you that they never sell at the bid is either a liar, a very poor trader or been reading too many messageboards!
